Boliden and the Finnish harbour strike


Boliden and the Finnish harbour strike 

The Finnish harbour strike, now on its second week, will begin to have
consequences for Boliden from the end of this week.

The strike mainly influences deliveries of raw materials to Boliden's two
Finnish smelters - the zinc Smelter in Kokkola and the copper/nickel smelter in
Harjavalta. 

Stocks of zinc and nickel concentrates are sufficient to continue production
through next week. 

Lack of copper concentrates will, however, force Harjavalta to shut down its
copper smelter on 18 March and the copper refinery on 19 March. Employees at
Harjavalta will be temporarily laid-off beginning 25 March.

The strike has so far only caused limited effects to Boliden's customers.

For further information, please contact:

Svante Nilsson, President Business Area Smelters, Boliden AB, tel: + 46 8 610
1527, + 46 705 833278

Marcela Sylvander, Director Group Communications, Boliden AB, tel: +46 8 610 15
59, +46 733 244 551

Boliden is a leading European metals company whose core competence is in the
fields of exploration, mining, smelting and recycling. Boliden's main metals are
zinc and copper. Other important metals extracted and refined include lead, gold
and silver. The operations are conducted in two Business Areas: Mines and
Smelters. The number of employees is approximately 4 400 and the turnover
amounts to approximately SEK 28 billion annually. Its shares are listed on
NASDAQ OMX Stockholm, segment Large Cap and on the Toronto Stock Exchange in
Canada.	
 www.boliden.com	

Attachments

03172340.pdf